Ans: Service Marketing :
Services marketing is a sub field of marketing which covers the marketing of both goods and services. Goods marketing includes the marketing of fast moving consumer goods (FMCG) and durables. Services marketing typically refers to the marketing of both business to consumer (B2C) and business to business (B2B) services.
Ans : Stages in consumer decision making process :
A consumer goes through several stages before purchasing a product or service. (more…)
Ans : Personal Selling :
Personal selling is selling technique involved between person to person and between the prospective buyer and seller. Personal selling consists of human contact and direct communication rather than impersonal mass communication (more…)
Ans : Definition of market :
Usually, Market means a place where buyer and seller meets together in order to carry on transactions of goods and services. But in Economics, it may be a place, perhaps may not be. In Economics, market can exist even without direct contact of buyer and seller. This fact can be explained with the help of the following statement. Generally market is the place where buyers and sellers are physically present and finalize the transaction. (more…)
Ans: Definition of Brand :
Brand is the “name, term, design, symbol, or any other feature that identifies one seller’s product distinct from those of other sellers.” Brands are used in business, marketing, and advertising. Initially, livestock branding was adopted to differentiate one person’s cattle from another’s by means of a distinctive symbol burned into the animal’s skin with a hot branding iron. A modern example of a brand is Coca-Cola which (more…)
Ans : Characteristics of Organisational Buyer :
1. Derived Demand
Organizational buying is based on derived demand. Demand made by the ultimate consumers creates demand for industrial goods or services. (more…)
Ans : Features in PM Software :
1.Collaborate on Projects with Clients and Staff:
With the multi-user log-ins you can control who has access to your Project Management Software. Your clients, staff, vendors, Outsource Resources and at home workers will all be kept up to date on the projects they are assigned to. (more…)
Ans : Launching a business is a risky endeavor and as businesses expand they are likely to face a variety of risks beyond the possibility of unprofitability. Businesses that expand operations into foreign countries face many political risks that purely domestic companies do not have to deal with. Risk management describes the methods businesses use to control and adapt to the risks they face, including “macro” and “micro” political risks. (more…)
Ans : Importance of project’s final report :
The last step in the project is to summarize the different stages into a final report. It is very important that the final report contains all the necessary information regarding your project. Try to keep in mind that you should write the report so that the reader would be able to recreate all of your steps, if they so desire. (more…)
Ans : Project performance evaluation :
In project management, performance measurement techniques are used to assess the magnitude of deviations from the original project plan. Therefore, they are an important aspect of project schedule control, allowing the project team to determine whether a schedule requires corrective action.
why project performance evaluation : (more…)
Ans: Project type organization :
A project organisation is a temporary organisation designed to achieve specific results by using teams of specialists from different functional areas in the organisation. The project team focuses all its energies, resources and results on the assigned project. Once the project has been completed, the team members from (more…)
Ans : Commercial and economic feasibility :
The purpose of the economic feasibility assessment is to determine the positive economic benefits to the organization that the proposed system will provide. It includes quantification and identification of all the benefits expected. This assessment typically involves a cost/ benefits analysis. Economic analysis could also be referred to
MB0043 —Human Resource Management
1 Explain the objectives and methods of Training.
Explaining the objectives of Training
Explaining the methods of Training
MB0042- MANAGERIAL ECONOMICS
1 Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon.
Define Inflation
Causes for Inflation
MB0041 & FINANCIAL AND MANAGEMENT ACCOUNTING
1. Accounting is an art of recording, classifying and summarizing in a significant manner and in terms of money transactions and events. Explain the accounting process and write the objectives of accounting.
A Explanation of accounting process
Objectives of accounting
MB0040 STATISTICS FOR MANAGEMENT
1 A statistical survey is a scientific process of collection and analysis of numerical data. Explain the stages of statistical survey. Describe the various methods for collecting data in a statistical survey.
Meaning of statistical survey
Stages of statistical survey (Listing and Explanation)
Methods for collecting data
MB0039 —Business Communication
1 As a speaker you are addressing a group of people. Explain the elements involved in this communication.
Key elements of communication
MB0038 Management Process and Organisation Behavior
1 Define the terms ‘strategy’. Explain the following:
a) Corporate strategy
b) Business strategy
c) Functional strategy
Definition of Strategy (more…)
Answer : Objective function is to maximize the profit
Thus Max. Z=200X1+500X2
Constraints 1.Raw (more…)
